National Minority Supplier Development Council（NMSDC）

MISSION

Providing a direct link between corporate America and minority-owned businesses is the primary objective of the National Minority Supplier Development Council, one of the country's leading business membership organizations. It was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes.

NATIONAL NETWORK

The NMSDC Network includes a National Office in New York and 37 regional councils across the country. There are 3,500 corporate members throughout the network, including most of America's largest publicly-owned, privately-owned and foreign-owned companies, as well as universities, hospitals and other buying institutions. The regional councils certify and match more than 15,000 minority owned businesses (Asian, Black, Hispanic and Native American) with member corporations which want to purchase goods and services.

PURCHASING ACTIVITY

In 2008, member corporations' purchases from minority businesses exceeded $100.5 billion. This was accomplished not by lowering corporate purchasing standards ˉ in fact, these standards have gotten much tougher in recent years ˉ but by sourcing qualified minority firms and giving them business on a competitive basis.
 

 Eric J. Vicioso
Director of International Programs，NMSDC

“MSD China’s model of business inclusion offers corporate China the ability to do well by doing good, by doing their part in increasing access and outreach to ethnic minorities; creating wealth and economic development in these minority communities while enhancing the corporate ability to tap a new pool of competitive and innovative suppliers. Corporations embracing minority supplier development in China also stand to benefit by having a better working understanding of Chinese ethnic minority communities and increasing their market shares in these fast-growing communities.”